Vietnam: Anti-dumping duty hurts Vietnam.

Section: Business News - The EC's decision to extend an anti-dumping duty on imported made-in-Vietnam bicycles is an unobjective and unfair decision, not appropriate to the growing bilateral trade and economic ties between Vietnam and Europe.

As a result, many Vietnamese bicycle manufacturers have gone bankrupt or shifted their production.

Deputy director of the Ministry of Foreign Affair's Multilateral Economic Co-operation Department Nguyen Tat Thanh made the comment in an interview with Vietnam News Agency about Vietnamese relevant agencies' opinion of the decision.

Thanh said the imposition of an anti-dumping duty has had a negative impact on Vietnamese …